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What is Impact of Readability on Investor Judgments about?

This document summarizes two research papers. The first paper examines how readability and benchmark performance consistency influence investor judgments. It finds that higher readability has a larger effect on judgments when benchmarks are inconsistent. The second paper studies how analyst coverage affects firm innovation. It finds that greater analyst coverage is associated with fewer and lower impact patents, supporting the hypothesis that analysts impose short-term pressure that hinders innovation.

Author

Saleem Mirrani

Language

EN